COST Financial News

17.03 / 06:03
COST UPS Gap Research wellness trends social Gen Z is taking ‘micro-retirement.’ Don’t laugh.
Gen Z has been in the workforce just long enough to want out. Well, at least temporarily. The concept of a micro-retirement has started to trend (again) on social media, which makes it seem as if an entire generation of twenty-somethings wants to take an adult gap year. Is this a rebranding of the more well-known sabbatical? Yes, with a couple of noteworthy caveats: Micro-retirement isn’t employer-granted — say goodbye to pay while you’re away or a guaranteed job upon return — and it’s meant to be more of a routine lifestyle choice to combat burnout and pursue personal passions. But it’s not Gen Z that should be fixating on micro-retirement; it’s companies.
17.03 / 06:03
COST UPS FIVE Career voice Profiles Indian professional in super-expensive London refuses to work 5 days in office. Her back-up plan is ready
Three days ago, Vinaykiya voiced her thoughts on LinkedIn, addressing the return-to-office mandates, escalating living costs, and stagnant wages affecting Gen Z professionals. “I will not be in the office four or five days a week. Full stop,” the 25-year-old declared in her LinkedIn post. According to her profile, she serves as a Global Influencer Strategy Manager at the Lego Group. She attributed her firm stance against in-office work to the soaring cost of living in the UK capital.
17.03 / 05:03
markets COST economy Research Trade show shock A trade war puts pressure on the Federal Reserve
Subscribe to enjoy similar stories. Virtually all economic research and historical experience show that the costs of tariffs, including the reduction of future potential growth, far outweigh any benefits of protecting the U.S. from international competition and bringing jobs home.
17.03 / 05:03
COST UPS Target Manufacturing Trade President country Big retailers’ hardball tariff playbook: Haggle, diversify, raise prices
Subscribe to enjoy similar stories. America’s biggest retailers are deploying every weapon they have to navigate President Trump’s fast-escalating trade war, from leaning on suppliers for discounts to finding alternate product sources. In some cases, that includes price increases for consumers.
17.03 / 02:05
COST Action Election Department rights UK finance minister Reeves to set out action plan to slash 'red tape'
Labour government will on Monday set out details of how it plans to slash red tape to boost business, as it struggles to deliver growth nine months after winning power. Chancellor Rachel Reeves' shake-up comes after Prime Minister Keir Starmer took aim at the nation's «flabby state», sparking anger from unions who called on him to avoid the «incendiary rhetoric» of Elon Musk's Department of Government Efficiency (Doge) in the US. The finance ministry said regulators would be summoned to the prime minister's Downing Street office on Monday to hear Reeves announce her «action plan to deliver on the pledge to cut the administrative cost of regulation on business by a quarter». The «radical» plan would cut «costly red tape» such as the «hundreds of pages of guidance on protecting bat habitats which goes far beyond legal requirements», said a statement, referring to the £100 million ($130 million) spent on a bat tunnel by the company building Britain's new high-speed HS2 train line. The tunnel has become a lightning rod for criticism of the planning system, with the Prime Minister describing it as «absurd».
17.03 / 01:39
markets COST UPS CEO Election wellness United Breweries bets on premium beer as key states may spoil the summer party
Subscribe to enjoy similar stories. United Breweries Ltd., one of India’s largest beer makers, is betting on its premium brands like Kingfisher Ultra to drive growth even as rising taxes in key states, including Telangana, Karnataka, and Rajasthan, threaten to offset a potential boost from a prolonged summer. After disruptions during the general elections last fiscal impacted production and shipments across the sector, an early and longer summer this year is “going to be more helpful as it will lead to more consumption from a macro standpoint", said Vivek Gupta, managing director and CEO of Dutch parent Heineken-controlled United Breweries.
17.03 / 01:21
markets COST UPS Manufacturing Diversity With 6.5% returns in past year, here's why this stock is the pick of 6 analysts this week
raw material costs, the management expects stability in such costs in the upcoming quarters. The demand for laminates is expected to pick up in 2025-26 aided by export opportunities and strong domestic real estate sales. The company offers a diverse product portfolio (laminates, acrylic surfaces and cladding solutions) and operates with over 6,000 dealers in the domestic market. It exports to over 80 countries, with exports accounting for two-thirds of its revenue.
17.03 / 01:21
COST Provident security cover exclusive rights What to look for while buying home insurance?
Home insurance provides financial protection against potential risks, such as natural disasters, theft, fire, and other unforeseen damages. Here’s how homeowners can secure their properties by selecting a suitable policy. Compare productsDifferent insurance pr
17.03 / 01:21
markets COST PwC trends Trade Inside Plan to sell gold jewellery at current high prices? Making charges, dip in market prices, check out these costs before you sell your gold jewellery
In Noida’s Sector 18 market, the answer is playing out in real time. Outside a nondescript ‘Cash for Gold’ outlet, Rekha Verma (name changed on request), a middle-aged homemaker from Ghaziabad, clutches a tiny velvet pouch. Inside: a pair of 16-gram, 22-karat earrings. She planned to exchange them for a trendier necklace but, after crunching the numbers, opted to sell instead. “I thought I could swap them, but after all the deductions, cash made more sense,” she laughs. “I’ll buy some jewellery but invest the rest elsewhere.” Rekha isn’t alone. The man behind the counter, quick with his calculator, sees six to seven such customers daily. “People are rethinking gold,” he says. His outlet charges a 3-10% commission, far less than the 4-5% market price cut and 20-25% making charge loss at brand stores.
17.03 / 01:21
COST wellness cover rights 5 things to know about cyber insurance
2.With the increasing frequency and sophistication of cyber attacks, this has become essential for businesses of all sizes as well as individuals. 3.It covers first-party liabilities that include direct financial losses, business interruption costs, recovery costs, and credit monitoring. 4.It also covers third-party liabilities, including legal liabilities arising from data breaches, defamation, intellectual property rights infringement, and lawsuits. 5. Several insurance companies offer a range of policies for individuals, families, and businesses to protect against cyber threats.
16.03 / 20:37
markets COST UPS country cover Last year's weather to affect IPL teams this year, cover premiums may go up
insurance costs — probably even double what they paid in 2024 — after adverse weather that either washed out or severely curtailed three matches through the last season that coincides with a dry summer in most parts of the country. Last season, a single cancelled match led to claims of around ₹16 crore to ₹17 crore, forcing insurers to revise the pricing of risk. Event cancellation policies, once priced at approximately ₹40 lakh to ₹45 lakh, are now being re-priced to factor in the losses. Franchises, which previously took cover for around ₹2 crore premiums, now face costs of ₹4 crore to ₹5 crore. The Board of Control for Cricket in India (BCCI), which organises the IPL, faces costs of roughly ₹5 crore to ₹6 crore per match.
16.03 / 20:37
COST Discover Research Universities country Features Researchers use AI to unearth a 5,000-year-old civilization beneath the world’s largest desert. But how?
5,000-year-old civilization buried beneath the world’s largest continuous sand desert.
16.03 / 18:51
COST security Enterprise Metro testing International Adani says Navi Mumbai Intl Airport to open in June
Navi Mumbai International Airport. In December, the Adani Group-which is building the airport-had announced an April 17 inauguration, with domestic and international operations starting in May and June respectively. Meanwhile, the Noida International Airport in Jewar, Uttar Pradesh, is also delayed, running six months behind schedule. Zurich Airport International, tasked with building and operating the airport, now expects to inaugurate the facility in the June quarter. These two airports would be among the two largest greenfield airports to open in recent years in India.
16.03 / 18:31
COST security wellness Universities Videos Updates PSU banks plan common video KYC hub
«The idea is that CKYCR should become a single source of truth for KYC and serve as a dynamic single repository under a universal KYC framework,» said an official requesting anonymity, adding that besides integration for all public sector banks, the common video KYC hub will enhance convenience for customers as well. The government wants regulated entities, including insurers and pension funds, to ensure that their systems are integrated to access CKYCR, which acts as a golden record, rather than uploading new documents and getting fresh verifications.
16.03 / 12:51
COST Citi Aviat CEO Traffic International Navi Mumbai airport set to be inaugurated in June, Gautam Adani confirms
Adani Group Chairman Gautam Adani announced on Sunday. Initially planned for an April 17 launch, the airport's inauguration has been rescheduled. The greenfield airport, the second major aviation facility in the Mumbai Metropolitan Region after Chhatrapati Shivaji Maharaj International Airport, is being developed by Navi Mumbai International Airport Ltd (NMIAL). The project is a 74:26 joint venture between Adani Airport Holdings Ltd (AAHL) and City and Industrial Development Corporation of Maharashtra (CIDCO).
16.03 / 11:55
COST Platform TikTok performer shock Features China's Baidu releases new AI model to compete with DeepSeek
Baidu released a new artificial intelligence reasoning model Sunday and made its AI chatbot services free to consumers as ferocious competition grips the sector. Technology companies in China have been scrambling to release improved AI platforms since start-up DeepSeek shocked its rivals with its open source and highly cost-efficient model in January. In a post on WeChat, Baidu announced the launch of its latest X1 reasoning model — which the company claims performs similarly to DeepSeek's but for lower cost — and a new foundation model, Ernie 4.5.
16.03 / 09:13
markets COST Manufacturing Trade War country information Drop ‘Made in’ labels: They’re a major reason for today’s trade war
Subscribe to enjoy similar stories. Where is a Toyota Camry or iPhone made? There is a label that identifies the country in which the final product assembly takes place, but it says nothing about where the product is actually ‘made.’ It is unable to do so because for goods that have inputs (material or intellectual) that are traded across international borders, the answer is never a single country.
16.03 / 07:45
COST Digital Platform Mobile Software inclusion rights Indian gig workers who offer mobility services deserve GST relief
Subscribe to enjoy similar stories. The Union Budget for 2024-25 rightly focused on promoting inclusive growth and enabling employment-led development in India. With a goal of assisting the poor and vulnerable groups, finance minister Nirmala Sitharaman proposed a scheme for the socioeconomic upliftment of Indian workers as the government tries to help them raise their incomes and attain sustainable livelihoods for a better quality of life.
16.03 / 07:29
COST Career Election community Discrimination Equality 'Jo karega jaat ki baat, usko kass ke marunga laat', says Nitin Gadkari, rejecting caste-based politics
Nitin Gadkari delivered a powerful message about equality and his refusal to engage in caste-based politics at the Convocation ceremony of the Central India Group of Institutions in Nagpur on Saturday. The BJP leader noted that a person's worth should be judged by their qualities, not their caste, religion, language, or gender. «A person is not known by their caste, sect, religion, language or sex, but only by their qualities. That is why we will not discriminate against anyone based on caste, sect, religion, language, or sex,» he stated, reiterating the importance of fairness and equality in society. Despite the fact that caste often plays a significant role in Indian politics, Gadkari remained firm in his stance, vowing not to engage in caste-based politics, even if it cost him votes. He noted that he avoids discussing religion and caste in public discourse, as he believes people value «service to society» above all else.
16.03 / 05:33
markets COST Manufacturing economy Trade War show Charting the global economy: Tariffs fuel US inflation concerns
A preliminary March survey of consumers showed sentiment sank by more than projected, while long-term inflation expectations jumped as the Trump administration pushes forward with higher duties on foreign goods just as price pressures showed signs of easing. Meanwhile, the UK economy shrank unexpectedly at the start of the year on weaker manufacturing and construction. In China, the economy remains hamstrung by persistent deflation.
16.03 / 05:33
markets COST Waves Sustainability Cycling performer Riding the market waves: Why SIPs thrive in volatile times
The nature of stock markets is very dynamic, it changes constantly, at a very fast pace from time to time. Due to this nature, investors keep anticipating a ‘perfect’ time to invest that may never arrive. When market volatility hits, behavioural biases can take the best of the investors, ultimately resulting in them making irrational decisions. Moreover, market volatility gives birth to behavioural biases that can make some investors greedy and others too risk averse, which can further impact their decision-making ability.

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